LivingAlmostLarge

Interesting article by money claiming that people who use plastic spend more.  I wonder is that a cause of credit card debt or an artifact of the credit card usage?
 First off, if you notice many PF bloggers use CC extensively and none worry about late fees or 25% interest.  Some like Nickel have automatic debit [...]

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Okay as most know, MP Dunleavy seems to always piss me when she writes about her finances.  She always does STUPID.  But the most recent article in the NY times is called “Paying off debts that seem Unshakeable.”  So what’s the problem?  Well here is a thread on her Women In Red discussing her decision [...]

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How do you choose a credit card?  Personally I look for one that gives me cash back rewards.  It’s simple and straightforward.  However, 40% of Americans carry a balance monthly on a credit card.  So they need to be concerned about the rates.  Personally if you are carrying a balance on a credit card, stop [...]

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Should you ever pass up the 401k match?  According to Dave Ramsey, yes when you are focusing on paying off debt.  However Dave Ramsey does give the caveat that it shouldn’t be done if you are paying off debt for longer than 18-24 months. 
 I think passing up a 401k match is crazy.  You can never [...]

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As I drew up a complete budget, I’ve tracked my spending for 2007, detailed all money spent on a CC or cash, and finally I understood what my percentages are. I realized why I always say people can use a credit card but not overspend if you are controlled. Because we have a built in [...]

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I guess as a follow-up to “my secret shame” is the question “are store credit cards - yea or nay?” I’ve got 4 and I am not sure I should cancel them or not. I don’t use any but I do get some nice coupons from them.
I know exactly why we got two [...]

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So I have a secret shame. One which I hadn’t even realized until yesterday. I am an avid credit card user and have been very responsible about using it like a checking account. No late fees, no overcharges, no interest. All bills are paid in full.
But the secret shame? Well guess how many credit cards [...]

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Since I ranted already today, I thought I’d continue with declaring bankruptcy. On the savingsadvice message board, there is a woman choosing to declare bankruptcy. I’m okay with that because she has a lot of bills she cannot seem to pay.
However, she writes about declaring bankruptcy here, but in her post she says [...]

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A Guest post by Lemony, a friend from a message board. She submitted her thoughts on credit, Dave Ramsey, and whether a score is important.
I’m a big fan of Dave Ramsey’s Total Money Makeover. His no-nonsense get-out-of-debt plan is something that can work for the average Joe. While my husband and I [...]

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So we don’t really do too much CC arbitage, but we’ve always done the 0% CC offers. I’ve actually considered doing it for furniture, but haven’t been able to find the right furniture. Anyway though this month I just finished paying our 0% CC bill to Best Buy. It feels really nice to [...]

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